Aviation

Airbus nears 550 deliveries in year derailed by Covid-19

Bloomberg Airbus SE has handed over close to 550 aircraft in 2020, with three days left to pad its total in a year derailed by the Covid-19 pandemic. The European planemaker is nearing the milestone after tallying 477 deliveries through November, the people said, asking not to be named citing confidential information. The figures are unaudited and will be finalised ...

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Delhi airport says it’s ready for vaccine distribution challenge

Bloomberg Distributing vaccines around India will pose plenty of logistical headaches given the size of the country, its vast population and number of coronavirus cases, now at more than 10 million. For its part, India’s busiest airport is “completely ready” to handle Covid-19 vaccines, according to Delhi International Airport Ltd. Chief Executive Officer Videh Kumar Jaipuriar, but there could be ...

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AirAsia sells stake in India venture to Tata for $38mn

Bloomberg AirAsia Group Bhd., hit by the coronavirus pandemic that’s decimated passenger demand, is selling its 32.7% stake in AirAsia India Ltd. to its partner Tata Sons Ltd. for about $38 million. The Malaysian low-cost carrier entered into an agreement with Tata Sons, which already owns 51% of the venture, according to an exchange filing. AirAsia Group last month said ...

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Cathay Pacific announces 99% traffic drop

Bloomberg Cathay Pacific Airways Ltd. carried just 37,815 passengers in November, down 98.6% from a year earlier, and warned that its second-half losses will be significantly worse than the $1.3 billion hemorrhage in the first six months. Average passenger capacity in the second half is only likely to be 8.4% of pre-pandemic levels, compared with 34.3% in the first half, ...

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Southwest to avoid first layoffs as relief bill clears

Bloomberg Southwest Airlines Co. said it would rescind plans to cut jobs and wages next year, now that new federal payroll support has been approved, averting what would have been the first worker layoffs in the carrier’s history. US airlines will receive $15 billion to pay workers as part of the package President Donald Trump signed into law on Sunday. ...

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Drone-crowded skies get one step closer with new US security rules

Bloomberg Commercial drone use for deliveries and services is set to clear a major hurdle in the US as soon as this week with new requirements that most of the devices transmit a radio beacon with a digital license plate to help ensure safety and prevent misuse. All but the smallest drones will have to broadcast a radio signal identifying ...

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Ryanair, Wizz cut non-EU voter rights, citing Brexit

Bloomberg Ryanair Holdings Plc and Wizz Air Holdings Plc will take away the voting rights of shareholders outside of the European Union to ensure they comply with the bloc’s airline ownership rules after the Brexit transition. All non-EU nationals will lose their voting rights from January 1, Irish discounter Ryanair said on Tuesday in a statement. Hungarian rival Wizz said ...

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Burundi to launch state-owned airline

Bloomberg Burundi will relaunch a state-owned airline next year, more than a decade after the failure of its erstwhile carrier, Air Burundi. The state will hold a 92% stake in Burundi Airlines, which will be the latest carrier to enter East African skies after the introduction of Uganda Airlines and the revamping of Air Tanzania Co. A Belgian company will ...

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Philippines extends ban on UK flights

Bloomberg Philippine President Rodrigo Duterte extended the ban on UK flights by two weeks and said he’s open to reinstating tighter movement curbs if coronavirus infections spike. Returning to some form of a lockdown “is a possibility if the severity in numbers will demand that we take corrective measures immediately,” the president said at a meeting of the task force ...

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Return of UK air travel slowed by demand for Covid-19 test

Bloomberg Air travel from Britain to France resumed, though eligibility restrictions and a new Covid-19 testing requirement limited the number of people able to board. A British Airways flight to Paris departed at 9:24 am from London Heathrow, followed by one to Nice, according to the airport’s website. Both were delayed, and an earlier Air France departure was canceled, reflecting ...

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